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How States Obtained N26.31bn Excess Crude Account Loans

How States Obtained N26.31bn Excess Crude Account Loans   State governments have acquired about N26.31bn loans from the Excess Crude Account facility, which is meant for implementing development and infrastructural projects. Findings showed that a total of about N183.1bn excess crude account facility deposit sits in the...

MDAs Failed To Account For N1.2trn – FRC

MDAs Failed To Account For N1.2trn – FRC       The Fiscal Responsibility Commission has said ministries, departments and agencies of the Federal Government are withholding about N1.2trn. The commission said this is according to audit reports of some MDAs and unaudited accounts of others. The FRC also said...

Ten Banks Earn N22bn On Account Maintenance Charges

Ten Banks Earn N22bn On Account Maintenance Charges   A computation of Banks’ earnings from account maintenance charges, for 10 out of the 14 listed banks on the Nigerian Stock Exchange (NSE) amounts to N22 billion compared to N19.1 billion in Q1: 2019 The current year...